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The total population of Parma is estimated to be 663 with 355 males (53.54%) and 308 females (46.46%). There are 47 less females than males in Parma.
The median household income in Parma was $69,467 in 2021, which marked an a decrease of 2,298(3.20%) from $71,765 in 2020. This income is 93.11% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Parma sees its highest median household income among householders in the age group of 25 to 44 years old, at $69,640. Overall, the median household income for the village of Parma stands at $69,467.
In Parma, the median income for all workers aged 15 years and older, regardless of work hours, was $50,088 for males and $24,217 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $50,533 for males and $58,999 for females.
In Parma, population is primarily represented by White households, reporting a median income of $69,374.
In 2022, the population of Parma was 768, a 0.52% decrease year-by-year from 2021. Previously, in 2021, Parma's population was 772, a decline of 0.26% compared to a population of 774 in 2020.
The median age in Parma, MI is 39.0, as per 2021 ACS 5-Year Estimates. Of the total population, 19.22% were under the age of 15, 20.41% aged 15 to 29, 40.65% aged 30 to 64, 18.54% aged 65 to 84, and 1.19% were 85 years of age and older.
Racial distribution of Parma population: 90.99% are White, 1.70% are Black or African American, 0.17% are American Indian and Alaska Native, 3.57% are Asian, 0.85% are some other race and 2.72% are multiracial.